This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

OG&E Energizes Performance Of Demand Response Program With GridGlo

GridGlo LLC, a company specializing in smart grid data analytics, today announced the success of its pilot program with Oklahoma Gas & Electric (OG&E), a regulated electric utility serving 789,000 customers over 30,000 square miles in Oklahoma and Western Arkansas. OG&E tapped GridGlo to increase the performance of its residential demand response (DR) program.

“With the information provided by GridGlo, OG&E has the potential to reduce the number of customers required to meet its DR program targets,” said Mike Farrell, Director of Customer Programs at OG&E.

GridGlo’s first-of-its kind data fusion platform enriches huge volumes of streaming and non-streaming data and works with large utility companies such as OG&E to manage energy resources more effectively.

“OG&E can now market its DR program to qualified residential customers,” said Isaias Sudit, founder and CEO of GridGlo. “Moreover, our success with OG&E has not gone unnoticed by other large utilities, and GridGlo is starting a number of important new pilot programs as a result.”

GridGlo’s analytics platform aggregates petabytes of data and quickly analyzes it by applying proprietary algorithms and advanced data fusion processes. Data fusion is the science of combining disparate sources of data to develop inferences and continually refine them. GridGlo is the first to leverage this approach to derive novel insights in the energy industry and to provide new ways for utilities to promote customer engagement.

About GridGlo

GridGlo® is a private company providing insights into energy consumption. Based in Delray Beach, Florida, we work with utilities, OEMs, application developers and other customers to extract value from energy consumption data. Our core strengths are data fusion, data aggregation, algorithm development, and scoring matrices. We have developed a proprietary software platform that can identify, score, and provide recommendations to impact energy consumption behavior. Our platform allows us to create many dynamic applications that offer insights into the behavior of all smart grid players from the utility to the consumer. For more information, please visit: http://www.gridglo.com.

About OG&E

OG&E, which serves approximately 789,000 customers in a service territory spanning 30,000 square miles in Oklahoma and western Arkansas, is a subsidiary of Oklahoma City-based OGE Energy Corp. (NYSE: OGE).

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,232.02 -53.72 -0.29%
S&P 500 2,126.06 -4.76 -0.22%
NASDAQ 5,089.3620 -1.4320 -0.03%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs